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$1,260,000

2306 N MORGAN STREET, TAMPA, FL 33602

3D Tour
Active342 days on market

Beds

—

Baths

0

Sq Ft

1,372 sq ft

Year Built

1902

Lot Size

0.14 acres

Garage

—

About This Property

Located in the highly desirable Tampa Heights submarket,2306 Morgan Street consists of two multifamily buildings totaling 7 units across 4,315 square feet. The front triplex, built in 1902,and the rear quadplex, built in 1926, together create a diverse unit mix: 2 studios (343 SF each), one 1-bedroom/1-bathroom units (735 SF each). unit (682 SF), and four 2-bedroom/1-bathroom from recent improvements, including a new roof within the past 2-3 years and upgraded capital expenditures. With a blend of historic character and recent updates, the asset neighborhoods presents a unique opportunity for investors targeting value-add potential in one of Tampa's fastest-growing Value-Add Opportunities adjustments Optimize Rents: to market Several levels. Long-term tenants are paying below-market rents, creating immediate upside through Utility Bill-Backs: Implementing water bill-back systems provides a straightforward way to improve net operating income. Redevelopment Potential. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investor looking for steady cash flow. Positioned minutes from some of Tampa’s most vibrant attractions, residents enjoy easy access to Ybor City’s historic nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime location near all the city’s key amenities, 2306 Morgan stands out as an exceptional opportunity to own a turn-key multifamily asset in one of Tampa’s most in-demand rental corridors.

Property Overview

Property TypeCommercial Sale
Sub TypeMulti Family (5+)
MLS #TB8445667
StatusActive
Year Built1902
ConstructionStucco, Wood Siding
FoundationCrawlspace, Slab
FacesWest
SubdivisionGROVE HEIGHTS
CountyHillsborough
OwnershipOther

Interior Features

FlooringCarpet, Linoleum
CoolingWall/Window Unit(s)
HeatingWall Units / Window Unit

Exterior & Lot

Lot Size0.14 acres (6,000 sq ft)
Lot Dimensions50 x 120
Road SurfaceAsphalt
0

Utilities

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$1,260,000
Original Price$1,600,000
Annual Taxes$4,959 (2024)
FinancingCash, Conventional, FHA, Private Financing Available
ZoningRM-24
Parcel #A1329184XM00000500004.0

Directions

Nebraska to Columbus Dr. turn east go to Morgan turn left proprty on the right.

Location

2306 N MORGAN STREET, TAMPA, FL 33602

Listing Information

OfficeSERRALLES GROUP,INC
ListedNovember 6, 2025

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Home Price

$1,260,000

20% ($252,000)
6.75%

Loan Term

Principal & Interest$6,538
Property Tax (est.)$1,155
Insurance (est.)$150
Total Monthly$7,843
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 14, 2026.

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